20

Mountain Iron, MN Homes for Sale

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  • /35

    $150,000

    • 3 Beds
    • 1 Bath
    • 975 Sq Ft

    8446 Mud Lake Rd, Mountain Iron, MN 55768

    Welcome to your future lakefront retreat on Mud Lake in Mountain Iron — a spacious property offering endless possibilities. Set on over 1.5 acres with approximately 200 feet of shoreline, this property is the perfect canvas for creating your dream lake home. The home itself boasts good bones, including a new electrical panel and a solid structure, providing a strong foundation for your personal

    Agent Photo

    Hannah Aldrich

    Keller Williams Select Realty

    (218) 423-3788

    8446 Mud Lake Rd, Mountain Iron, MN 55768
  • /4

    $395,000

    • Land
    • 0.88 Acre
    • $448,864 per Acre

    TBD S 16th Ave, Virginia, MN 55792

    THIS is a Commercial lot with a multitude of opportunity for ANY business! Offering high visibility, exceptional traffic counts, AND convenient access off US Highway 53 for this .88 acre lot! This is located next to the current Virginia Menards Store and AutoZone. For businesses with building ideas, there are no building restrictions, has been site evaluated and has an already made driveway with

    Agent Photo

    Greg Hoffman

    Edina Realty, Inc.

    (218) 476-7209

    TBD S 16th Ave, Virginia, MN 55792
  • /17

    $299,000

    • 4 Beds
    • 2 Baths
    • 2,621 Sq Ft

    5450 Mineral Ave, Mountain Iron, MN 55768

    Welcome to 5450 Mineral Ave, located in the desirable South Grove neighborhood of Mountain Iron. This well-maintained rambler sits on a spacious and private 1.5-acre lot and offers 4 bedrooms and 2 bathrooms—providing plenty of room for comfortable living. Inside, you'll find an open-concept layout, a well-equipped kitchen, and convenient main-floor laundry. The lower level includes a large

    Nicole Culbert-Dahl Culbert Realty

    5450 Mineral Ave, Mountain Iron, MN 55768
  • /35

    $299,900

    • 4 Beds
    • 2.5 Baths
    • 2,596 Sq Ft

    5461 Daffodil Ave, Virginia, MN 55792

    Beautiful 4 Bedroom home situated on over a half acre of land on a corner lot. Located in Westgate Addition and close to Mesabi Fit, Dairy Queen, BG's Bar and Grill, medical facilities and so much more! Take the time to tour this home that features, new siding, new kitchen including appliances, new roof, tremendous storage, an attached garage, and an updated owner's suite bathroom. With lots of

    Richard Erickson Re/Max Results

    5461 Daffodil Ave, Virginia, MN 55792
  • /49

    $675,000

    • 4 Beds
    • 3 Baths
    • 3,000 Sq Ft

    4187 Blueberry Trail, Mountain Iron, MN 55768

    This stunning 4-bedroom, 3-bath lake home on 3.6 acres offers the perfect getaway while still close to everything you need. The handcrafted log home features a gourmet kitchen with granite countertops, a walkout basement, and luxurious upgrades throughout. A new dual-fuel boiler (2023), updated septic system (2017), and ample storage provide comfort and peace of mind. Relax in the screened-in

    Jessica Mesich Culbert Realty

    4187 Blueberry Trail, Mountain Iron, MN 55768
  • /16

    $160,000

    • 2 Beds
    • 1 Bath
    • 292 Sq Ft

    3847 Gerzin Rd, Mountain Iron, MN 55768

    WOW! WOW! $20,000 below assessed value. Price includes a new ($32,000) septic system to be installed. 2 garages (5+ stalls). Home needs some TLC. Air-condition. Basement bedrooms have no egress windows. Great location between Hibbing and Virgina. BEING SOLD AS IS.

    Greg Perrella Perrella & Associates

    3847 Gerzin Rd, Mountain Iron, MN 55768
  • /21

    $149,900

    • 3 Beds
    • 1.5 Baths
    • 1,252 Sq Ft

    8776 Merritt Place, Mountain Iron, MN 55768

    Adorable home with great floor plan in a convenient location in Mountain Iron, MN; 3 bedrooms, 2 bathrooms, one tuck under attached garage and another detached garage with a fenced in yard. Needing a little love in some corners, but a GREAT Home waiting for you to put your finishing touches on it. This home features a main level bedroom, a bathroom on each level, nice sized bedroom spaces with

    Darcie Novak My Place Realty, Inc.

    8776 Merritt Place, Mountain Iron, MN 55768
  • /46

    $519,900

    • 4 Beds
    • 3 Baths
    • 3,687 Sq Ft

    9614 E Hayes Rd, Mountain Iron, MN 55768

    Gorgeous 4+ Bedroom, 3 Bath Home on Over 15 Acres! Welcome to your dream retreat! This spacious and beautifully maintained home sits on over 15 peaceful acres and features 4+ bedrooms, 3 bathrooms, and an attached garage. The main floor offers an open-concept kitchen and dining area, a massive living room with a stunning floor-to-ceiling wood-burning fireplace, and two large foyer entries on

    Deena Shykes RE/MAX Results

    9614 E Hayes Rd, Mountain Iron, MN 55768
  • /24

    $94,900

    • 3 Beds
    • 2 Baths
    • 1,031 Sq Ft

    5714 Mineral Ave, Mountain Iron, MN 55768

    Adorable little home in a quiet neighborhood right across from the old school in Mountain Iron, MN; 3 bedrooms, a 1 stall and additional 1 stall worth of STORAGE SPACE! Main level bedroom and bathroom with a walk in shower, eat in kitchen, large living room with hardwood floors, 2 additional bedrooms upstairs. Cute and affordable! With a few maintenance and cosmetic upgrades you will have some

    Darcie Novak My Place Realty, Inc.

    5714 Mineral Ave, Mountain Iron, MN 55768
  • /10

    $155,000

    • 2 Beds
    • 1 Bath
    • 1,505 Sq Ft

    5476 Garden Dr N, Mountain Iron, MN 55768

    Charming 1 bedroom house in coveted South Grove. This house is situated on a large picturesque corner lot. Cheery open kitchen with white cabinets. Huge main floor bedroom with tons of closet space. Basement has electric fireplace and so much potential! There is also a nice sized 2 stall garage. This was originally a 2 bedroom and can easily be turned back into one. Don't miss out on this!

    Nicole Culbert-Dahl Culbert Realty

    5476 Garden Dr N, Mountain Iron, MN 55768
  • /14

    $25,500

    • Land
    • 0.53 Acre
    • $48,113 per Acre

    87XX Arbor Ln, Mountain Iron, MN 55768

    Beautiful buildable lot in Mountain Iron. Enjoy the short drive to schools, stores, and the recreation complex and build your home of your dreams. This lot is located in a prime area close to all of the conveniences this community has to offer. Open to the builder of your choice. Close to many lakes for fishing and watersports. Also close to public state and county land for hunting,

    Michael Hultquist Timber Ghost Realty, LLC

    87XX Arbor Ln, Mountain Iron, MN 55768
  • /36

    $139,900

    • Land
    • 5 Acres
    • $26,648 per Acre

    8623 Labrador Ct, Mountain Iron, MN 55768

    Beautiful land on Mashkenode Lake, just minutes to all the Quad Cities has to offer! Very peaceful area, enjoy the loon calls, and some good fishing (even Walleye). With nearby bike, snowmobile, and ATV trails, outdoor enthusiasts will find plenty to explore. Conveniently located close to Mt Iron, Virginia, and just an hour north of Duluth. Electricity is at the road, and Paul Bunyan fiber

    Samantha Koivunen Dane Arthur Real Estate Agency

    8623 Labrador Ct, Mountain Iron, MN 55768
  • /43

    $114,900

    • Land
    • 9 Acres
    • $12,422 per Acre

    5111 Retriever Dr, Mountain Iron, MN 55768

    Buildable lake lot with 337 ft of lakeshore on Lake Mashkenode in Mt. Iron Minnesota that sits on almost 10 acres. There is a 3 foot elevated building site for a future home! It is ready for a 4 bedroom home to be built, featuring a compliant 4 bedroom septic, a sand point well, electricity and a driveway already on site. In addition to all of that there is also a pond and a wooded area to the

    Delaney Maki My Place Realty, Inc.

    5111 Retriever Dr, Mountain Iron, MN 55768
  • /15

    $31,900

    • Land
    • 2.98 Acres
    • $10,705 per Acre

    XXXX Labrador Ct Parcel B, Mt. Iron, MN 55768

    If you are looking for a future building site for a new home, close to town on almost 3 acres, look no further! This lot in Mt. Iron Minnesota features mature trees, electricity at the road and the option of a driveway put in to the future build site by the seller (with agreed upon terms in an offer), there has also been soil testing done for determining septic. The lot is in the process of being

    Delaney Maki My Place Realty, Inc.

    XXXX Labrador Ct Parcel B, Mt. Iron, MN 55768
  • /15

    $31,900

    • Land
    • 3.73 Acres
    • $8,552 per Acre

    XXXX N Labrador Ct Parcel A, Mountain Iron, MN 55768

    If you are looking for a future building site for a new home, close to town on just over 3 acres, look no further! This lot in Mt. Iron Minnesota features mature trees, electricity at the road and the option of a driveway put in to the future build site by the seller (with agreed upon terms in an offer), there has also been soil testing done for determining septic. The lot is in the process of

    Delaney Maki My Place Realty, Inc.

    XXXX N Labrador Ct Parcel A, Mountain Iron, MN 55768
  • /16

    $31,900

    • Land
    • 2.98 Acres
    • $10,705 per Acre

    XXXX Labrador Ct Unit Parcel B, Mountain Iron, MN 55786

    If you are looking for a future building site for a new home, close to town on almost 3 acres, look no further! This lot in Mt. Iron Minnesota features mature trees, electricity at the road and the option of a driveway put in to the future build site by the seller (with agreed upon terms in an offer), there has also been soil testing done for determining septic. The lot is in the process of being

    Darcie Novak My Place Realty, Inc.

    XXXX Labrador Ct Unit Parcel B, Mountain Iron, MN 55786
  • /15

    $31,900

    • Land
    • 3.73 Acres
    • $8,552 per Acre

    XXXX Labrador Ct Unit Parcel A, Mountain Iron, MN 55786

    If you are looking for a future building site for a new home, close to town on just over 3 acres, look no further! This lot in Mt. Iron Minnesota features mature trees, electricity at the road and the option of a driveway put in to the future build site by the seller (with agreed upon terms in an offer), there has also been soil testing done for determining septic. The lot is in the process of

    Darcie Novak My Place Realty, Inc.

    XXXX Labrador Ct Unit Parcel A, Mountain Iron, MN 55786
  • /16

    $31,900

    • Land
    • 3.73 Acres
    • $8,552 per Acre

    XXXX Labrador Ct Parcel A, Mt. Iron, MN 55768

    If you are looking for a future building site for a new home, close to town on just over 3 acres, look no further! This lot in Mt. Iron Minnesota features mature trees, electricity at the road and the option of a driveway put in to the future build site by the seller (with agreed upon terms in an offer), there has also been soil testing done for determining septic. The lot is in the process of

    Darcie Novak My Place Realty Inc

    XXXX Labrador Ct Parcel A, Mt. Iron, MN 55768
  • /17

    $31,900

    • Land
    • 2.98 Acres
    • $10,705 per Acre

    XXXX Labrador Ct Parcel B, Mt. Iron, MN 55768

    If you are looking for a future building site for a new home, close to town on almost 3 acres, look no further! This lot in Mt. Iron Minnesota features mature trees, electricity at the road and the option of a driveway put in to the future build site by the seller (with agreed upon terms in an offer), there has also been soil testing done for determining septic. The lot is in the process of being

    Darcie Novak My Place Realty Inc

    XXXX Labrador Ct Parcel B, Mt. Iron, MN 55768
  • /17

    $115,000

    • 3 Beds
    • 1.5 Baths
    • 1,328 Sq Ft

    1520 9th St S, Virginia, MN 55792

    Charming 1.5-story home! This 3-bedroom, 1.5-bath home features an updated bright kitchen, hardwood floors in the living room, and a main floor office that could be converted to a fourth bedroom. Some floor coverings are needed, offering a great opportunity to add your personal touch. Located near shopping, restaurants, and highway access—this move-in-ready home offers comfort and convenience in

    Nicole Culbert-Dahl Culbert Realty

    1520 9th St S, Virginia, MN 55792

Why Live in Mountain Iron

Mountain Iron, MN, a historic mining community established in 1890, is known as the “Taconite Capital of the World” due to the presence of U.S. Steel’s Minntac facility. This small city is part of the Mesabi Iron Range, which includes the Quad Cities of Virginia, Eveleth, and Gilbert. Housing options range from early 1900s bungalows and Colonial Revivals in Old Town Mountain Iron to mid-1900s ranch-style and split-level homes in South Grove and West Virginia neighborhoods. Outdoor enthusiasts can enjoy the 132-mile Mesabi Trail, Locomotive Park, and various recreational activities at South Grove Recreation Complex. Former mining pits, such as Mott Pit, now serve as clear, trout-stocked lakes for swimming, fishing, and kayaking. Mountain Iron offers convenient shopping at Walmart and is close to additional retailers and dining options in nearby Virginia. Local favorites include Sawmill Saloon & Restaurant, Adventures Restaurant & Pub, and Other Guys Burgers. The Mountain Iron-Buhl Public Schools system, though small, boasts a competitive sports program, with the girls basketball team winning the state championship in 2023. Annual events like Merritt Days celebrate the city’s mining heritage. Major highways U.S. 169 and 53 provide access to Duluth, 70 miles away, and Canada, approximately 100 miles north.

Frequently Asked Questions

What is the average home price in Mountain Iron, MN?
Homes for sale in Mountain Iron, MN have an average home price of $160,000.
Are home prices dropping in Mountain Iron?
Yes, home prices in Mountain Iron are down 58% in the last 12 months.
How many homes have sold over the last 12 months in Mountain Iron, MN?
4 homes have sold in Mountain Iron, MN over the last 12 months.
What are the most popular zip codes in Mountain Iron, MN?
The most popular zip codes in Mountain Iron, MN include 55768, 55792, 55734, 55710 and 55719.
How much do you need to make to afford a house in Mountain Iron?
The median home price in Mountain Iron is $160,000. If you put a 20% down payment of $32,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $830 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $36K a year to afford the median home price in Mountain Iron.
How are the schools in Mountain Iron, MN?
Mountain Iron, MN has highly rated public and private schools. Some of the best schools in Mountain Iron based on Niche Grades are Virginia Secondary School, Eveleth-Gilbert Senior High School and Franklin Elementary School. Browse all the schools in Mountain Iron, MN to learn more.

Home Trends in Mountain Iron, MN

Housing Trends

Median Sale Price
$160,000
Median Single Family Sale Price
$160,000
Average Price Per Sq Ft
$138
Number of Homes for Sale
0
Last 12 months Home Sales
4
Months of Supply
0.00
Median List Price
$160,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-61%
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